cuts

Economists say UK budget reduces chances of big interest rate cuts | Money news – Uptrends

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Economists say UK budget reduces chances of big interest rate cuts | Money news – Uptrends

Economists have warned that hopes for the Bank of England to make successive interest rate cuts over the next two months have been dampened by the UK government’s latest budget. These interest rate cuts typically reduce borrowing costs for consumers and businesses over time. The likelihood of successive cuts has declined as the market digests … Read more

Gilgit-Baltistan Council cuts costs, enhances efficiency – Uptrends

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Gilgit-Baltistan Council cuts costs, enhances efficiency – Uptrends

  ISLAMABAD: The Gilgit-Baltistan Council has embarked on an extensive overhaul within its organisational structure, focusing on cost reduction and operational efficiency. The initiative has seen the repatriation of 45 officers and staff members, previously on deputation from diverse departments, back to their original offices. Simultaneously, the council has taken the bold step of abolishing … Read more